Browsing: lithium

American Battery Technology Company (ABTC) has received a Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM) for $900 million in financing to support the construction of a commercial-scale lithium mine and refinery in Nevada.

Reno, Nev., Jan. 21, 2025 — American Battery Technology Company (NASDAQ: ABAT) has started a new drill program to accelerate its Tonopah Flats Lithium Project, one of the largest known lithium resources in the U.S.

American Battery Technology Company has completed its fourth drill program at the Tonopah Flats Lithium Project in Nevada, marking a significant milestone in the commercialization of its domestic lithium resource.

ElectraLith, a lithium technology startup, is set to complete a funding round despite challenges in the global lithium market.

ABTC is moving forward with its Tonopah Flats Lithium Project (TFLP) in Nevada to enhance the 3D resource model and define the structural mine pit shape.

CEO Ryan Melsert emphasizes the importance of battery recycling and domestic manufacturing at international forums.

A Chinese company has stopped exporting lithium processing equipment, signaling the impact of Beijing’s proposed export controls on battery metals technology. This move is causing concern and prompting companies to seek alternative supply chains.

American Resources Corporation and ReElement Technologies are expanding their Kentucky Lithium plant to produce ultra-pure rare earth oxides from coal and mining waste, leveraging their exclusive patents and addressing market challenges.

ABTC CEO Ryan Melsert presents on the company’s progress in battery recycling and domestic lithium production at major international events.

Rio Tinto-backed startup ElectraLith raises $17.8 million to revolutionize lithium extraction with a sustainable, water-free technology poised to disrupt the industry.